tiprankstipranks
Trending News
More News >
GoldQuest Mining (TSE:GQC)
:GQC

GoldQuest Mining (GQC) AI Stock Analysis

Compare
11 Followers

Top Page

TS

GoldQuest Mining

(GQC)

50Neutral
GoldQuest Mining faces significant challenges with no revenue generation and ongoing losses, reflected in a low financial performance score. The solid balance sheet provides some stability. Positive short-term technical indicators offer some optimism, but the unattractive valuation due to a negative P/E ratio and no dividend limits the overall appeal.

GoldQuest Mining (GQC) vs. S&P 500 (SPY)

GoldQuest Mining Business Overview & Revenue Model

Company DescriptionGoldquest Mining Corp., together with its subsidiaries, engages in the identification, acquisition, and exploration of mineral properties. It primarily owns a 100% interest in the Romero gold-copper project that comprises 2 mineral deposits covering an area of 3,997 hectares located to the south of the Central Cordillera of Hispaniola; and the Tireo property, including 13 concessions totalling 20,076 hectares located in the province of San Juan de la Maguana, the Dominican Republic. Goldquest Mining Corp. was incorporated in 1989 and is headquartered in Toronto, Canada.
How the Company Makes MoneyGoldQuest Mining Corp generates revenue primarily through the exploration and development of mineral resources, particularly gold and copper. The company aims to bring its mineral properties to the production stage, at which point it could earn money through the sale of extracted minerals. Additionally, GoldQuest may enter into joint ventures or partnerships with other mining companies to share the risks and costs associated with exploration and development, which can provide them with financial backing or revenue sharing opportunities. The company's earnings are significantly influenced by global commodity prices, exploration success, and the ability to efficiently manage operational costs.

GoldQuest Mining Financial Statement Overview

Summary
GoldQuest Mining's financials reflect a challenging operational environment with no revenue generation and sustained losses. While the balance sheet is solid due to no debt, the ongoing cash outflows and negative cash flow metrics raise concerns about long-term viability.
Income Statement
5
Very Negative
GoldQuest Mining has consistently reported zero revenue over the analyzed periods, indicating no operational sales. The net income has been negative, reflecting ongoing losses. There is no revenue growth observed, as revenues remain null across the years. The company has negative EBIT and EBITDA margins due to operational costs exceeding income, which are concerning for profitability.
Balance Sheet
60
Neutral
The company has zero total debt and a positive equity position, with stockholders' equity accounting for nearly all of its total assets. This results in a favorable debt-to-equity ratio of zero. The equity ratio is high, demonstrating strong capitalization with no leverage risk, which is a positive sign of financial stability despite the lack of revenue.
Cash Flow
30
Negative
GoldQuest Mining shows negative operating and free cash flows, indicating cash outflows exceeding inflows, which is unsustainable in the long run. The operating cash flow to net income ratio is negative, reflecting inefficiencies in converting earnings into cash. The absence of free cash flow growth highlights challenges in managing cash effectively.
Breakdown
Dec 2023Dec 2022Dec 2021Dec 2020Dec 2019
Income StatementTotal Revenue
0.000.000.000.000.00
Gross Profit
-11.54K-24.27K-31.60K-23.63K-42.44K
EBIT
-2.88M-2.78M-2.29M-1.57M-2.02M
EBITDA
-2.56M-2.71M-2.36M-1.59M-1.98M
Net Income Common Stockholders
-2.58M-2.71M-2.40M-1.62M-1.95M
Balance SheetCash, Cash Equivalents and Short-Term Investments
9.40M11.80M14.05M15.59M16.85M
Total Assets
9.73M12.08M14.27M15.89M17.13M
Total Debt
0.000.000.000.000.00
Net Debt
-9.40M-11.80M-14.05M-15.59M-16.85M
Total Liabilities
155.17K140.72K155.72K292.07K467.56K
Stockholders Equity
9.57M11.94M14.12M15.60M16.67M
Cash FlowFree Cash Flow
-2.40M-2.26M-1.53M-1.57M-1.67M
Operating Cash Flow
-2.35M-2.25M-1.53M-1.49M-1.66M
Investing Cash Flow
-44.68K-7.84K0.00-77.99K15.91K
Financing Cash Flow
0.000.000.00308.75K0.00

GoldQuest Mining Technical Analysis

Technical Analysis Sentiment
Positive
Last Price0.56
Price Trends
50DMA
0.44
Positive
100DMA
0.37
Positive
200DMA
0.30
Positive
Market Momentum
MACD
0.03
Positive
RSI
62.79
Neutral
STOCH
83.33
Negative
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For TSE:GQC, the sentiment is Positive. The current price of 0.56 is above the 20-day moving average (MA) of 0.51, above the 50-day MA of 0.44, and above the 200-day MA of 0.30, indicating a bullish trend. The MACD of 0.03 indicates Positive momentum. The RSI at 62.79 is Neutral, neither overbought nor oversold. The STOCH value of 83.33 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for TSE:GQC.

GoldQuest Mining Peers Comparison

Overall Rating
UnderperformOutperform
Sector (49)
Financial Indicators
Name
Overall Rating
Market Cap
P/E Ratio
ROE
Dividend Yield
Revenue Growth
EPS Growth
TSDBG
58
Neutral
C$147.76M-6.47%9.52%
TSTLG
51
Neutral
C$225.85M-95.88%63.81%
TSGQC
50
Neutral
C$170.93M-21.59%
49
Neutral
$1.95B-1.37-21.20%3.73%0.84%-29.84%
TSMSR
42
Neutral
C$122.06M15.1060.10%
TSAOT
41
Neutral
C$164.75M-8.07%-101.02%
30
Underperform
C$194.60M133.331.83%
* Basic Materials Sector Average
Performance Comparison
Ticker
Company Name
Price
Change
% Change
TSE:GQC
GoldQuest Mining
0.56
0.36
180.00%
TSE:MSR
Minsud Resources
0.74
-0.25
-25.25%
TSE:AOT
Ascot Resources
0.12
-0.59
-83.10%
TSE:TLG
Troilus Gold Corp
0.59
-0.09
-13.24%
TSE:DBG
Doubleview Gold
0.71
0.21
42.00%
TSE:ALDE
Aldebaran Resources Inc
1.72
0.86
100.00%

GoldQuest Mining Corporate Events

Product-Related AnnouncementsBusiness Operations and Strategy
GoldQuest Launches 2025 Exploration Program with Major Drill Campaign
Positive
Apr 23, 2025

GoldQuest Mining Corp. has launched its 2025 Exploration Program, which includes a 5,000-meter drill campaign targeting the Los Ganchos and Cañada La Vaca sites in the Tireo Belt. This initiative aims to identify new gold-copper VMS deposits and further develop the Romero project, supported by a $15 million budget. The program is expected to enhance GoldQuest’s position in the mineral exploration industry by potentially uncovering significant new resources.

Spark’s Take on TSE:GQC Stock

According to Spark, TipRanks’ AI Analyst, TSE:GQC is a Neutral.

GoldQuest Mining faces significant challenges with no revenue generation and ongoing financial losses, reflected in a low financial performance score. However, the solid balance sheet with zero debt provides some stability. Positive short-term technical indicators offer some optimism, but the unattractive valuation due to a negative P/E ratio and lack of dividend yield limits the overall appeal.

To see Spark’s full report on TSE:GQC stock, click here.

Other
GoldQuest Mining Mourns Loss in Santo Domingo Tragedy
Negative
Apr 9, 2025

GoldQuest Mining Corp. has expressed deep condolences following a tragic event at the Jet Set nightclub in Santo Domingo, which claimed the lives of the brother and sister-in-law of CEO Luis Santana. The company, which has been operating in the Dominican Republic for over 20 years, extends its support to the affected families and the local community, emphasizing its commitment to its Dominican team during this difficult time.

Spark’s Take on TSE:GQC Stock

According to Spark, TipRanks’ AI Analyst, TSE:GQC is a Neutral.

GoldQuest Mining faces significant challenges with no revenue generation and ongoing financial losses, reflected in a low financial performance score. However, the solid balance sheet with zero debt provides some stability. Positive short-term technical indicators offer some optimism, but the unattractive valuation due to a negative P/E ratio and lack of dividend yield limits the overall appeal.

To see Spark’s full report on TSE:GQC stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
GoldQuest Strengthens Exploration Team with New VP Appointment
Positive
Apr 8, 2025

GoldQuest Mining Corp. has appointed Leandro Sastre as the new Vice President of Exploration, leveraging his extensive experience in the mining sector, particularly in the Dominican Republic, to enhance the company’s exploration strategy. This strategic appointment is expected to significantly advance GoldQuest’s exploration efforts at the Romero project and strengthen its position in the mineral exploration industry.

Spark’s Take on TSE:GQC Stock

According to Spark, TipRanks’ AI Analyst, TSE:GQC is a Neutral.

GoldQuest Mining faces significant challenges with no revenue generation and ongoing financial losses, reflected in a low financial performance score. However, the solid balance sheet with zero debt provides some stability. Positive short-term technical indicators offer some optimism, but the unattractive valuation due to a negative P/E ratio and lack of dividend yield limits the overall appeal.

To see Spark’s full report on TSE:GQC stock, click here.

Executive/Board ChangesBusiness Operations and Strategy
GoldQuest Mining Enhances Market Strategy with Stock Options and New Investor Relations Appointment
Positive
Feb 13, 2025

GoldQuest Mining Corp. has granted 6,400,000 incentive stock options to its directors, officers, and employees, with an exercise price of $0.31 per share. Additionally, GoldQuest has appointed Daniel G. McIntyre Consulting Inc. to enhance their investor relations strategy as they prepare to advance significant projects in the Dominican Republic, potentially increasing market exposure and stakeholder value.

Glossary
OutperformA stock rated as "Outperform" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock is likely to deliver higher returns compared to the average returns of other stocks in the same sector or market index. Investors might consider this stock a good buying opportunity.
NeutralA stock rated as "Neutral" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly attractive nor unattractive for investment. Investors may consider holding onto the stock, as it is not expected to either significantly outperform or underperform the market.
UnderperformA stock rated as "Underperform" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests that the stock may deliver lower returns compared to the average returns of other stocks in the same sector or market index. Investors might consider selling the stock or avoiding it as an investment.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.